The increasing road
traffic had raised the demand for installation of safety and support
systems in vehicles. Steel crash barrier systems provide safety and
support for the vehicle moving away from the traffic path to the area
outside the lane. Crash barrier system is a protection used to avoid
infrastructural damage, surface car park allocation, and approach
lane containment where there is risk to the motorist. The crash
barrier systems hold and redirect the uncontrolled vehicle, thereby
saving the passengers from injury and ensuring safety for both,
vehicle and passenger.
Crash
barrier systems market is segmented on the basis of type,
material property, devices, applications and geography. Based on
type, the crash barrier system market can be segmented into movable
barrier system and immovable barrier system. Based on the material
property, the crash barrier system can be categorized into rigid
barrier, semi-rigid, and flexible barrier. Based on the devices, the
crash barrier market can be segmented into guardrails energy
absorbent terminals (GEAT), crash cushions, water and sand filled
plastic barriers, gating and non-gating end treatment, and others
(brakemaster, hex-foam sandwich systems, and low-slung maintenance
attenuators). Based on the end user applications, the crash barrier
market can be segmented into median barriers, bridge barriers,
roadside barriers, work zone barriers, and others (pedestrian
foot-path barriers, hilly terrains, and racing tracks). Furthermore,
on the basis of geography, the crash barrier systems market can be
segmented into five major regions which include North America, Asia
Pacific, Europe, Middle East & Africa and Latin America.
Growing awareness
towards the adoption of safety measures is one of the factors driving
the growth of crash barrier system market, globally. The major
companies such as Avon Barrier Corporation Ltd., are focusing on
providing additional rigidity to the barrier system for maximizing
safety. Increasing investment in infrastructural development such as
roads, airports, coupled with the rising automotive industry are some
key factors stimulating the growth of crash barrier system market
across the globe. Increasing demand for automobiles is resulting in
the rising safety concerns to avoid any mishap or fatal accident.
Thus, crash barrier system is the safety measure used to prevent the
vehicle from going off the lane thereby providing safety for
passengers. However, some of the crash barrier systems involves high
life-cycle cost due to repair needs after crashes, which is one of
the factors inhibiting the growth of crash barrier systems market.
Furthermore, high cost severity due to barrier collision is also a
restraint associated with crash barrier systems. Although, the rising
demand of flexible barrier systems which require low cost of repair
after crashes is triggering the growth of crash barrier market,
globally.
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Some of the major
players in crash barrier systems market include Lindsay Corporation
(U.S.), Tata Steel Limited (India), Avon Barrier Corporation Ltd.
(U.K.), Trinity Industries, Inc. (U.S.), Nucor Corporation (U.S.),
Valmont Industries, Inc. (U.S.), Transpo Industries, Inc. (U.S.),
Arbus Limited (U.K.),NV Bekaert SA (Belgium),Hill & Smith
Holdings PLC (U.K.), and among others.
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